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China tech crackdown: Didi mulls ceding control of valuable data Business and Economy News

August 7, 2021
Source: latestnews.in.net latestnews.in.net
News Snapshot:
China tech crackdown: Didi mulls ceding control of valuable data | Business and Economy News August 7, 2021 Didi Global Inc. is weighing giving up control of its most valuable data as part of efforts to resolve a Chinese regulatory probe into the aftermath of its controversial U.S. initial public offering, people familiar with the matter said. The ride-hailing giant has put forth a number of proposals to appease the powerful internet industry overseer, including ceding management of its data to a private third party, the people said, asking not to be identified talking about internal deliberations. Regulators have signaled...
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